Property prices for rent in Salem (Oregon)

The rent prices in real estate in Salem, in the Oregon region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,307
Average price last 6 months
$1.38
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salem has risen during the last 6 months. In March, the average price per sq.feet was $1.29. In the following month the price per sq.feet rose to $1.4. In the following two months the price per sq.feet has risen 106 %, going from $1.35 to $1.42 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.38 to $1.38 during July y August

Average price

When referring to the price in Salem (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,322. During April the price had a slight fall till $1,204. During the following two months (May, June) the price has had an average rise from $1,263 to $1,334. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,298.5 and $1,324 between July and August.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,340 they are 24 % more affordable than the average price for Salem . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,670.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.39 / sq.feet price in Salem. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.39 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,340 it is 4 % more affordable than the average price in Salem. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,814 it is 77 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.22 / sq.feet followed by "House" priced at $1.43 / sq.feet. "House" is the most expensive type of property with a $1.43 / sq.feet value followed by "Condo" with an average price of $1.22 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Salem
Number of properties used in region Oregon
$1,340
$1.39
2,768
47,708
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value